Home Buyer Beware - Don't Get Surprised by the California Supplemental TaxWhen a property is sold in California, the County Tax Assessor will reappraise it at a new value. The Supplemental Property Tax is charged on the difference between the old assessed value of the property, and the new asses
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12/28/2009
Move Up Reason 5: You Have Outgrown the Old House Do you need some more space? Do you need more rooms for your growing family? Is it too difficult or complicated to add a room to your existing house? Don't want to live in dirt, dust and debris while putting on an addition? Do you have some equit
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12/26/2009
Move Up Reason 4: Home Prices At or Near the Bottom If you currently own your home, and are thinking of waiting for prices to go higher, so you will have more money for a down payment, think again. Let's say you want to wait for property values to increase by 20%, so you can get more money from
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12/26/2009
Move Up Reason 3: Lower Property Taxes You may have lower property taxes because you are buying at the bottom If you currently own your home, and are thinking of waiting for prices to go back up so you will have more money for the down payment on your next home, you may find that it is better to
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12/26/2009
Move Up Reason 2: Low Interest Rates As I wrote in an earlier blog, Mortgage Rates are not Good - They are Unbelievable. We are living in a time of historically low interest rates, hovering now at around 5%. Interest rates will go up. There is no stopping it. These historically low interest r
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12/26/2009
Move Up Reason 1: Extended Home Buyer Tax Credit Tax Credit for Home Sellers Who Buy a Better Home Did you know that home sellers can get a Tax Credit when they sell their home and buy a new one? Actually, current home owners can move up, down, sideways or just down the block, and may still be
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12/26/2009
The Best New Years Eve Party Ever In the beginning of December, I wrote a post about The Best Christmas Ever, or, How I Learned that Mom was Really Santa Claus. Now, I would like to share my memory of my favorite New Years Eve party. It was during my junior or senior year of college, so we were
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12/26/2009
Here is a post from Missy Caulk that really got me laughing. Enjoy! Lyrics Cold call costs are much too high!Outbound on which I rely.Is there something I can doThat is inbound and fun too?BloooooooooogingBlogging every day! Oh!BloooooooooogingBlogging every day! Ohhh! Courtesy of Hub Spot Marke
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12/24/2009
Mortgage Rates are not Good - They are Unbelievable I know several people who still want to wait for rates to go down, and for home prices to "hit bottom". I just have to say that mortgage rates right now are not just good, they are unbelievably low. The following blog comes from Brian Brady, w
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12/24/2009
I went to Parnell Park today to see if I could take a few pictures of the animals in the little zoo. Well, since the zoo was closed, I was only able to take a few pictures through the wrought iron fence.Here is a picture of a goat.Here is a view of the backside of the Shetland ponies.Now, the bi
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12/23/2009
